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What are two arguments for or against taking a combined

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Problem 1: When you were planning the audit for North Face you assessed OFSL as low. This included a positive control environment. You haven't decided whether you would want to take a combined or substantive approach to the audit. What are two arguments for or against taking a combined or substantive approach to this audit (ignoring the requirement for US publicly traded companies to take a combined approach)? Fully explain your arguments and how they relate to the approach choice for the OVERALL audit and how this decision specifically relates to North Face

Reference no: EM132833744

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